Finance Advisory Committee Minutes 5.14.24

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DRAFT Minutes

  1. Call to Order by Sheila ay 9:00 a.m.
  2. Recognition of Public
  3. Approval of 1.19.24 meeting minutes
    Gordon moved to approve and Tammy seconded. Tammy: would like a statement that the meeting was not recorded, and would like more detailed minutes to include discussion and information about a library fund. Erika describes cloud recording of meeting videos and why the  1.19 meeting wasn’t recorded. Sheila suggested Tammy pose her question to the Selectboard and Town staff to be a answered at the next FAC meeting. Sheila: there was no money set aside in an isolated account for the library. Grant money was accounted for, but no money was set aside for a library project. Tammy: There is no mention of that conversation in the minutes. Sheila suggests entering this conversation into the minutes of the current meeting. Gordon: We should get answers to this question. Sheila: We acknowledge omission from those minutes. Tammy those minutes are not an accurate reflection. Zon: Minutes have statutory requirements, not required to be so detailed. Gordon: I’m comfortable with these minutes. Sheila: Approve 1.19 minutes noting today’s discussion about the library in the minutes of today’s meeting. There were no funds set aside for the Library in a separate reserve fund. A fund was set up to track, but it was not funded in advance. Vote was by voice. All were in favor.
  1. Approval of 2.16.24 meeting minutes
    Sheila moved to approve the minutes and Tammy seconded. Vote was by voice. All were in favor.

Gordon noted the online document has a glitch. Erika will correct.

  1. Consider if there are other issues to be addressed

Sheila: The Selectboard has not made any requests yet. Tara has been appointed liaison. Zon: Professional Auditor will be in the office soon. Tammy: I would love to meet the auditor. Erika: It’s next Tuesday, 5.21. Tammy should set up an appointment with Elly.
Dan is here. Has Budget Status Report. Sheila: This isn’t on the agenda. 

  1. Sheila suggests next meeting 9.19 at 9:30 am.
  2. Adjournment 

Gordon moved to adjourn, Tammy seconded. Vote was by voice. All were in favor. Meeting adjourned at 9:20 a.m.

Meeting Video: https://youtu.be/zgKT_XWmjxk